Ratings Weekly | Tesla, Apple, Nvidia, SpaceX, Oracle, Dell, Robinhood, Snowflake, Nio and More to Watch

Here are the biggest calls on Wall Street This Week:

Goldman Sachs Reiterates Tesla as Neutral

The firm said it’s bullish on the company’s Cybercab.

“We continue to believe that Cybercab will position Tesla well to operate with an attractive cost structure.”

Bernstein Reiterates Apple as Outperform

The firm said its checks continue to show Apple gaining share in China.

“Apple continues to gain share in China and globally as shipments outperform the market.”

Bank of America Reiterates Nvidia as Buy

Bank of America says it’s sticking with Nvidia after a series of meetings with investor relations.

“We maintain Buy, top sector pick with the stock at ~16x CY27 PE / ~0.3x PEG, the lowest in ~10 years despite improving demand and overblown memory and circular-financing concerns.”

Wells Fargo Reiterates Amazon as Overweight

Wells raised its price target on Amazon to $338 per share from $328.

“AWS margin and Bedrock analysis yields 4-6% upward revisions to AWS OI estimates in ’26-’28. Combined w/ well-above-consensus AWS revenue estimates, we now sit 9% / 12% above consensus AWS OI in ’27 / ’28. Expect positive revision story to continue.”

Oppenheimer Reiterates SpaceX as Outperform

The firm raised its price target to $280 per share from $250 on SpaceX.

“AI revenues and use cases are accelerating faster than expected.”

Morgan Stanley Reiterates Oracle as Equal Weight

Morgan Stanley raised its price target to $210 per share from $207 ahead of Oracle earnings on Sept. 10.

“We see an attractive tactical set-up into F1Q27.”

Bank of America Reiterates Dell as Buy

Bank of America raised its price target on Dell to $600 per share from $505 following earnings.

“Our Buy rating is based on broad product portfolio, upside from AI, growth faster than the market, continuing share gains, and opportunity to grow margins over the next several years...”

Deutsche Bank Reiterates Robinhood as Buy

Deutsche raised its price target to $136 per share from $115.

“We are raising our EPS estimates and our price target for Robinhood to reflect the recent acceleration in Robinhood Chain fee revenue. While still in early days, on the 2Q26 earnings call, CFO Shiv Verma noted that monetization on Robinhood Chain from developers varies by transaction size but can be thought of as a few basis points on average, with approximately half of the economics shared with Arbitrum.”

Citi Reiterates Netflix as Buy

The firm said the announced price hikes in Germany and Austria might surprise some investors but that it’s sticking with Netflix.

“We believe the magnitude of the ad-tier price hike (40%) was surprising to some investors. We suspect the ad-tier price change reflects efforts to mitigate adverse mix shift, which we believe was the primary driver of weaker-than-expected UCAN revenue in 2Q26.”

Bank of America Reiterates Snowflake as Buy

The firm says Snowflake has plenty of room for growth following earnings on Wednesday.

“Snowflake reported strong F2Q27 results, with Product revenue growth accelerating to 37% y/y from 34% in F1Q27.”

Stifel Initiates Taiwan Semiconductor as Buy

Stifel said the semiconductor company is a “must own.”

“TSM (Buy, $515 TP): Key Enabler of AI Hardware Driving Long-Term Compounded Growth via Trough-on-Trough Cyclical Earnings Accretion, and a ‘Must-Own’ Multi-Year Position with Opportunistic Entries.”

JPMorgan Downgrades Nio to Neutral From Overweight

The firm said it’s concerned about slowing vehicle deliveries.

“That said, mgmt’s lukewarm anticipation on 2H26 vehicle delivery reminds us of the primary challenges facing the broader PV market in China - sluggish demand (YTD -23%, 2027 flat to -5%) and hence a difficult pricing environment – both of which will weigh on Nio.”

Wells Fargo Reiterates Chevron as Overweight

Wells raised its price target to $230 per share from $226.

“CVX announced expansion of its JV in Venezuela. We update our model and note CVX’s increasingly differentiated post-2030 resource position, of which Venezuela is a potentially growing contributor over time.”

Jefferies Initiates USA Rare Earth as Buy

Jefferies said the critical minerals company is firing on all cylinders.

“USAR is building a fully vertically integrated, ex-China ‘mine-to-magnet’ rare earth elements (REEs) and permanent magnet platform — spanning mining, processing, metal-making, & magnet manufacturing.”